2012-06-22 15:04:08 - New Consumer Goods market report from IBISWorld: "Hobby & Toy Stores in the US"
Game changer: Higher incomes will boost hobby and toy sales, but department store competition will hurt growth
Hobby & Toy Stores in the US
No longer child's play
Independent hobby and toy stores will find it increasingly challenging to compete with mass merchandisers and department stores, which offer lower prices and convenience. Over the next five years, changing consumer preferences will create tough market conditions for industry operators, as children begin to demand more adult-focused products, like electronics and media players. Still, greater demand from baby boomers and increasing discretionary purchases will benefit the industry.
Full Report Details at
Operators in this industry sell a broad range of toy and hobby goods such as traditional dolls and
toys, electronic toys (including video and electronic games), board games, hobby kits and craft supplies. These goods are purchased from domestic and international manufacturers and wholesalers and then retailed to the general public. Operators who retail used toys and hobby goods, art supplies and collectors’ items are not included in this industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Companies Mentioned in this Report: Jo-Ann Stores Inc., Michaels Stores Inc., Toys 'R' Us Inc.
Report Table of Contents:
INDUSTRY AT A GLANCE
Key External Drivers
Industry Life Cycle
PRODUCTS & MARKETS
Products & Services
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Technology & Systems
Regulation & Policy
JARGON & GLOSSARY
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